Health Choice Network, IncDC plan
403(B) THRIFT PLAN FOR EMPLOYEES OF HEALTH CHOICE NETWORK, INC. · DORAL, FL · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Health Choice Network, Inc reported $47,853 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,615 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio rose from 0.01% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,465th-largest of 3,644 plans among Florida employers on file, and the 4,780th of 11,911 in health care & social assistance. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has grown from 156 to 191 since 2021.
Health Choice Network, Inc's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 900525658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.